@nick-the-greek
Good morning, crypto fam!
Asian markets opened higher after softer inflation data from China — but the optimism didn’t spill into crypto, a clear sign of how deep Friday’s crash cut through sentiment.
- ETF Flows (Oct 14)
• BTC ETFs: +$102.7M
• ETH ETFs: +$236.2M
• SOL ETF: -$12.3M (first outflows since listing)
- Technical View – BTC
The market is still digesting the shock. The 3rd attempt to reclaim the 114,500–116,500 zone failed. As long as we stay below it, any non-scalp long setup carries high risk.
👉 If you’re out, stay patient.
👉 If you’re in, manage leverage carefully.
- Historical Context
This move mirrors August 2024: 16 failed breakout attempts and 40 days before sentiment turned bullish again.
NFA, DYOR & stay safe 🤓